Quantitative Research Contracts

Quantitative Research
UK

The following table provides summary statistics for contract job vacancies with a requirement for Quantitative Research skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Quantitative Research over the 6 months to 11 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
11 May 2024
Same period 2023 Same period 2022
Rank 504 541 573
Rank change year-on-year +37 +32 -30
Contract jobs citing Quantitative Research 86 159 279
As % of all contract jobs advertised in the UK 0.20% 0.28% 0.32%
As % of the Processes & Methodologies category 0.23% 0.31% 0.35%
Number of daily rates quoted 70 111 208
10th Percentile £325 £380 £403
25th Percentile £400 £485 £462
Median daily rate (50th Percentile) £519 £600 £540
Median % change year-on-year -13.54% +11.11% +8.54%
75th Percentile £744 £738 £625
90th Percentile £763 £850 £763
UK excluding London median daily rate £475 £561 £500
% change year-on-year -15.29% +12.15% +0.50%
Number of hourly rates quoted 1 0 6
10th Percentile - - £32.90
25th Percentile £12.38 - £43.06
Median hourly rate £12.75 - £56.00
75th Percentile £13.13 - £70.06
90th Percentile - - £72.50
UK excluding London median hourly rate £12.75 - £24.79

All Process and Methodology Skills
UK

Quantitative Research is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 37,094 51,920 79,222
As % of all contract IT jobs advertised in the UK 86.26% 89.82% 90.60%
Number of daily rates quoted 23,889 35,981 55,625
10th Percentile £300 £325 £343
25th Percentile £413 £438 £426
Median daily rate (50th Percentile) £525 £550 £530
Median % change year-on-year -4.55% +3.77% +8.72%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +8.57%
Number of hourly rates quoted 2,438 1,716 1,886
10th Percentile £12.75 £11.00 £12.50
25th Percentile £16.00 £16.24 £15.50
Median hourly rate £36.50 £36.40 £25.68
Median % change year-on-year +0.29% +41.73% +4.82%
75th Percentile £60.00 £65.00 £49.50
90th Percentile £72.50 £75.00 £65.00
UK excluding London median hourly rate £38.06 £35.00 £20.00
% change year-on-year +8.74% +75.00% -6.98%

Quantitative Research
Job Vacancy Trend

Job postings citing Quantitative Research as a proportion of all IT jobs advertised.

Job vacancy trend for Quantitative Research in the UK

Quantitative Research
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Quantitative Research.

Daily rate trend for Quantitative Research in the UK

Quantitative Research
Daily Rate Histogram

Daily rate distribution for jobs citing Quantitative Research over the 6 months to 11 May 2024.

Daily rate histogram for Quantitative Research in the UK

Quantitative Research
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Quantitative Research.

Hourly rate trend for Quantitative Research in the UK

Quantitative Research
Top 11 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Quantitative Research within the UK over the 6 months to 11 May 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
England +53 72 £525 -13.93% 114
London +41 55 £550 -12.00% 101
Work from Home +98 44 £613 +16.67% 24
UK excluding London +51 25 £475 -15.29% 16
North of England +39 12 £350 -32.53% 5
North West +22 8 £350 -15.15% 5
Scotland +36 7 £378 -34.22% 3
South East +21 4 £475 -16.89% 5
Yorkshire +16 3 £500 -11.11%
Northern Ireland - 2 £513 -
North East - 1 - -

Quantitative Research
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (1.16%) Apache Spark
Applications
1 4 (4.65%) Microsoft Excel
2 2 (2.33%) Adobe XD
2 2 (2.33%) Microsoft Office
2 2 (2.33%) Sketch
2 2 (2.33%) UserZoom
3 1 (1.16%) InVision
3 1 (1.16%) Microsoft PowerPoint
Cloud Services
1 18 (20.93%) Azure
2 16 (18.60%) AWS
2 16 (18.60%) GCP
3 5 (5.81%) Power Platform
4 4 (4.65%) Power Automate
4 4 (4.65%) SaaS
5 2 (2.33%) Figma
5 2 (2.33%) NuGet
6 1 (1.16%) Azure Data Factory
6 1 (1.16%) Azure DevOps
6 1 (1.16%) Google Analytics
6 1 (1.16%) Miro
6 1 (1.16%) PowerApps
Communications & Networking
1 2 (2.33%) Firewall
2 1 (1.16%) Internet
Database & Business Intelligence
1 2 (2.33%) Big Data
1 2 (2.33%) SQL Server
2 1 (1.16%) Power BI
Development Applications
1 2 (2.33%) Bitbucket
1 2 (2.33%) Git
1 2 (2.33%) TeamCity
2 1 (1.16%) Axure RP
General
1 31 (36.05%) Finance
2 20 (23.26%) Social Skills
3 19 (22.09%) Front Office
4 16 (18.60%) Analytical Skills
5 14 (16.28%) Public Sector
6 5 (5.81%) Banking
7 4 (4.65%) Investment Banking
7 4 (4.65%) Local Government
7 4 (4.65%) Marketing
8 3 (3.49%) Law
9 2 (2.33%) Automotive
9 2 (2.33%) Financial Institution
9 2 (2.33%) German Language
9 2 (2.33%) Health Technology
9 2 (2.33%) Inclusion and Diversity
9 2 (2.33%) Retail
10 1 (1.16%) Arabic Language
10 1 (1.16%) Pharmaceutical
10 1 (1.16%) Spanish Language
10 1 (1.16%) Tech for Good
Job Titles
1 27 (31.40%) Developer
2 22 (25.58%) Python Developer
3 18 (20.93%) Quantitative Developer
3 18 (20.93%) User Researcher
4 14 (16.28%) Finance Manager
5 10 (11.63%) Senior
6 7 (8.14%) Designer
7 6 (6.98%) Analyst
7 6 (6.98%) Senior User Researcher
8 4 (4.65%) Applications Developer
8 4 (4.65%) Power Apps Developer
8 4 (4.65%) Service Designer
8 4 (4.65%) User Experience Researcher
9 3 (3.49%) Data Scientist
9 3 (3.49%) Insight Analyst
9 3 (3.49%) UX Strategist
10 2 (2.33%) C# Architect
10 2 (2.33%) Interaction Designer
10 2 (2.33%) Junior Python Developer
10 2 (2.33%) Senior Designer
Libraries, Frameworks & Software Standards
1 4 (4.65%) Matplotlib
1 4 (4.65%) NumPy
1 4 (4.65%) Pandas
2 3 (3.49%) .NET
3 2 (2.33%) .NET Core
4 1 (1.16%) ADO
4 1 (1.16%) Tkinter
4 1 (1.16%) XML
4 1 (1.16%) XSLT
Miscellaneous
1 23 (26.74%) Derivative
2 20 (23.26%) Equities
3 17 (19.77%) Fixed Income
4 16 (18.60%) Hedge funds
5 6 (6.98%) Algorithms
6 3 (3.49%) Greenfield Project
6 3 (3.49%) NHS
6 3 (3.49%) Product Ownership
7 2 (2.33%) Credit Derivative
7 2 (2.33%) Digital Media
7 2 (2.33%) Distributed Systems
8 1 (1.16%) Data Structures
8 1 (1.16%) Distributed Computing
8 1 (1.16%) Equity Derivative
8 1 (1.16%) Infotainment
8 1 (1.16%) Self-Motivation
8 1 (1.16%) Spread Betting
Operating Systems
1 2 (2.33%) Linux
1 2 (2.33%) Windows
Processes & Methodologies
1 52 (60.47%) Qualitative Research
2 34 (39.53%) Agile
3 26 (30.23%) User Research
4 25 (29.07%) Actionable Insight
5 23 (26.74%) User Experience
6 22 (25.58%) Service Design
6 22 (25.58%) Software Engineering
7 18 (20.93%) UX Design
8 17 (19.77%) Data Science
9 16 (18.60%) Asset Management
9 16 (18.60%) Focus Group
9 16 (18.60%) Investment Management
10 15 (17.44%) Problem-Solving
11 14 (16.28%) Data Analysis
12 13 (15.12%) Usability Testing
12 13 (15.12%) User-Centered Design (UCD)
13 12 (13.95%) Market Research
13 12 (13.95%) Mentoring
14 11 (12.79%) Analytics
14 11 (12.79%) Psychology
Programming Languages
1 31 (36.05%) Python
2 17 (19.77%) R
3 6 (6.98%) C#
3 6 (6.98%) C++
3 6 (6.98%) SQL
4 4 (4.65%) Java
4 4 (4.65%) VBA
5 1 (1.16%) Scala
5 1 (1.16%) VC++
Qualifications
1 21 (24.42%) Degree
2 14 (16.28%) Master's Degree
3 3 (3.49%) SC Cleared
3 3 (3.49%) Security Cleared
4 2 (2.33%) BPSS Clearance
4 2 (2.33%) Computer Science Degree
5 1 (1.16%) Postgraduate
Quality Assurance & Compliance
1 9 (10.47%) Actionable Recommendations
2 3 (3.49%) Accessibility
3 1 (1.16%) Disclosure Scotland
3 1 (1.16%) QA
Vendors
1 14 (16.28%) Bloomberg
2 3 (3.49%) Microsoft
2 3 (3.49%) Oracle
3 2 (2.33%) Adobe
3 2 (2.33%) Brandwatch
4 1 (1.16%) Brio
4 1 (1.16%) Databricks
4 1 (1.16%) Google
4 1 (1.16%) Qualtrics
4 1 (1.16%) ServiceNow